Shira Goodman
On November 20, 2024, the Board of Directors (the “Board”) of Burlington Stores, Inc. (the “Company”) elected Shira Goodman as a member of the Board effective as of January 1, 2025.
Highest-materiality recent filing
Burlington Stores Q1 comps +6%, adjusted EPS $2.10 beats guidance; raises FY outlook
Total sales +14% to $2.85B; comparable store sales +6% (vs. guidance).
Burlington Q4 adj EPS $4.99 beats guidance; FY26 EPS outlook $10.95-$11.45
Q4 total sales $3,643M (+11%), comps +4%; adj EPS $4.99 beat guidance ($4.50-$4.70).
Burlington Q3 Adj EPS $1.80 (+16% YoY), revenue $2.7B (+7%), raises FY guidance
Total sales $2.7B (+7%); comp store sales +1%; net income $105M, diluted EPS $1.63.
Burlington Q2 sales +10%, comps +5%, adj EPS $1.72 (+39%); raises FY adj EPS guidance to $9.19-$9.59
Net income $94M ($1.47 diluted EPS); adjusted EPS $1.72 vs $1.24 YoY, a 39% increase.
Burlington Stores subsidiary adds $500M in term loans; total term loans outstanding $1.74B
Burlington Coat Factory Warehouse Corp. borrowed $500M in incremental Term B-7 Loans via Amendment No. 12 to credit agreement.
Burlington Stores Q1 sales +6%, comps flat; adjusted EPS $1.67 beats guidance; maintains FY outlook
Q1 total sales up 6% to $2.5B; comparable store sales flat; net income $101M ($1.58 diluted EPS).
Q4 total sales $3,272M (+10% on 13-wk basis), comps +6% vs guidance 0-2%.
Burlington Q3 adj EPS $1.55 (+41% YoY); raises FY24 adjusted EPS outlook to $7.76-$7.96
Total sales $2,526M (+11% YoY); comparable store sales +1% on top of +6% last year.
Refinanced $933M of term B-6 loans with $1,250M term B-7 loans, including $317M incremental term loans.
Burlington Stores Q2: comp sales +5%, adjusted EPS +98% to $1.24; FY24 guidance raised
Total sales +13% to $2,461M; comparable store sales +5% vs. prior year.
Burlington Q1 adj EPS $1.42 (+68% YoY); raises FY24 adj EPS outlook to $7.35-$7.75
Q1 total sales $2,357M (+11% YoY); comp store sales +2% (at high end of guidance).
Burlington Stores Q4 comps +2% (guidance -2%-0%); adj EPS $3.69 beat; FY24 guide $7.00-$7.60
Q4 13-week comp store sales +2% (guidance -2%-0%); adjusted EPS $3.69 vs guidance $3.10-$3.25.
Burlington Q3 revenue +12% to $2.29B, comps +6%, adj. EPS $0.98, FY23 adj. EPS view $5.52-$5.67
Revenue $2,285M, +12% YoY; comp store sales +6% (guidance 5-7%).
Exchanged ~$244M of existing 2.25% convertible notes due 2025 for ~$258M of new 1.25% convertible notes due 2027.
Burlington Stores Q2 adj. EPS $0.60 beats; comp sales +4%; authorizes $500M buyback
Total sales $2.17B (+9% YoY); comparable store sales +4% (high end of guidance).
Burlington Q1 sales +11% to $2.13B, comps +4%, adj EPS $0.84 vs $0.54
Total sales $2,133M (+11% YoY); comparable store sales +4%.
Burlington Q4 adjusted EPS $2.96 beats guidance; FY23 outlook $5.50-$6.00
Q4 total sales $2,739M (+5% YoY); comp store sales -2% (ahead of -6% to -9% guidance).
Burlington Q3 sales -11%, comps -17%, adj EPS $0.43 vs $1.36; FY2022 guidance lowered
Total sales $2,036M (-11% YoY); comparable store sales -17% (on top of +16% in Q3 2021).
Burlington Q2 net income $12M, adjusted EPS $0.35; cuts FY22 EPS guidance to $3.70-$4.30
Total sales $1,984M, down 10% YoY; comparable store sales down 17%.
Burlington Stores upsizes credit facility to $900M, transitions from LIBOR to SOFR
Credit facility commitments increased from $650M to $900M under Fourth Amendment dated July 20, 2022.
Burlington Stores Q1 sales down 12%, comps -18%; appoints Kristin Wolfe as CFO
Q1 GAAP diluted EPS $0.24 vs $2.51 prior year; adjusted EPS $0.54 vs $2.59.
Burlington Stores Q4 sales +18% vs FY2019, comp +6%; adj EPS $2.53
Net income $122M ($1.80 diluted EPS); adjusted EPS $2.53 vs $3.21 in FY2019.
Burlington Stores amends ABL credit facility: commitments to $650M, maturity to Dec 2026
Commitments increased from $600M to $650M; maturity extended from June 2023 to Dec. 22, 2026.
Total sales $2,300M (+30% vs Q3 2019); comp store sales +16%.
Burlington Stores to exchange $146.4M of 2.25% convertible notes for cash and stock
Aggregate principal of $146,373,000 exchanged for $86,966,931 cash and 459,944 common shares.
Burlington Q2 sales up 34% to $2.2B; GAAP EPS $1.50, adjusted EPS $1.94
Total sales $2,213M (+34% vs Q2 2019); comparable store sales +19%.
Burlington Stores appoints Travis Marquette as President and COO, effective Oct 4, 2021
Travis Marquette named President & COO, overseeing stores, real estate, supply chain, and IT.
On November 20, 2024, the Board of Directors (the “Board”) of Burlington Stores, Inc. (the “Company”) elected Shira Goodman as a member of the Board effective as of January 1, 2025.
On March 18, 2024, Jeffrey Laub, Senior Vice President and Chief Accounting Officer (Principal Accounting Officer) of Burlington Stores, Inc. (the “Company”), informed the Company that he will be retiring from the Company effective as of May 3, 2024.
On March 18, 2024, Stephen Ferroni was appointed to serve as the Company’s Senior Vice President and Chief Accounting Officer (Principal Accounting Officer) effective as of April 28, 2024.
Kristin Wolfe has been appointed as the Company’s new Executive Vice President and Chief Financial Officer.
John Crimmins, 65, currently the Executive Vice President and Chief Financial Officer of Burlington Stores, Inc. (the “Company”), will retire from that position effective as of the earlier of August 31, 2022 or the date his successor commences employment.
On November 10, 2021, the Board of Directors of Burlington Stores, Inc. (the “Company”) elected Jeffrey Laub as Chief Accounting Officer of the Company.
As a result of Mr. Laub’s appointment, John Crimmins, the Company’s Executive Vice President, Chief Financial Officer, will no longer serve as principal accounting officer.
On July 15, 2021, Burlington Stores, Inc. (the “Company”) announced that Travis Marquette has been appointed as the Company’s new President and Chief Operating Officer
Max materiality 0.85 · Median 0.65 · Most common event earnings